The import of true hemp yarn to India is projected to experience a steady increase from 2024 to 2028, starting at $945.66 thousand in 2024 and rising to $1,150.5 thousand by 2028. The estimated year-on-year percentage growth is consistent, revealing a positive trend in demand and supply chain dynamics for this niche product.
Given the current forecasts, future trends to monitor include:
- Changes in global hemp production that could affect supply levels.
- Shifting trade policies or tariffs that might alter import dynamics.
- Consumer trends towards sustainable textiles, potentially boosting demand.
